www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

US EUROPE AFRICA ASIA 中文
Business / Technology

Momo shares surge on Alibaba's backing the buyout

By Dai Tian (chinadaily.com.cn) Updated: 2016-04-07 14:07

Momo shares surge on Alibaba's backing the buyout

Tang Yan (center, front), founder and chief executive officer of China's mobile social networking platform Momo Inc attends the ceremony of ringing the opening bell at the NASDAQ in New York, the United States, Dec 11, 2014. [Photo/Xinhua]

Dating app Momo surged 33.6 percent after a regulatory filing showed Alibaba Group Holding's finance affiliates joined the group seeking to take the company private.

Momo closed at $16.09 per American depository receipt on Wednesday, up $4.05, marking its biggest gain since the dating platform went public, raising $248 million on the NASDAQ in December 2014.

According to the filing, Alibaba Investment and Rich Moon, or Yunfeng Fund, have become the latest members backing a buyout of Momo that chairman and CEO Tang Yan proposed last June.

The consortium group also includes Matrix Partners China, Sequoia Capital China and Huatai Ruilian Fund Management.

The history between Alibaba Group and Momo dates back to as early as 2012, just one year after its founding, when the e-commerce giant acquired 20 percent stake in the company. Momo named Alibaba's co-founder Joseph Tsai as its board director in February.

Analysts expect the privatization to proceed more smoothly with strong backing, as according to Bloomberg, only seven out of the 40 US-traded Chinese firms that earlier proposed privatization over the past 12 months have completed the process.

Last month, shareholders of New York-listed Qihoo 360 approved a $9.3 billion privatization plan, as the company aims a domestic initial public offering later this year.

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 欧美一级v片 | 北条麻妃在线一区二区 | 国产一级真人毛爱做毛片 | 日韩国产片 | 手机在线免费看毛片 | 呦女精品视频 | 67194成人在线观看 | 亚洲伊人色综合网站小说 | 日韩视频一区二区 | 久久国产精品99久久久久久牛牛 | 欧美日韩在线视频观看 | 18在线网站 | 亚洲欧美小视频 | 一个人看的www片免费视频中文 | www午夜| 台湾黄三级高清在线观看播放 | 精品国产三级在线观看 | 另类视频欧美 | 一区二区三区不卡在线 | 欧洲一级鲁丝片免费 | 欧美成人免费在线 | 成人一区二区免费中文字幕 | 久久久久99精品成人片三人毛片 | 国产精品视频免费 | 国产成人综合在线 | a级毛片在线免费看 | 国产男女爽爽爽爽爽视频 | 国内成人精品亚洲日本语音 | 亚洲国产成人久久三区 | 国内自拍视频在线看免费观看 | 久久精品国产99久久香蕉 | 波多野结衣中文在线播放 | 99精品视频在线观看 | 日本特爽特黄特刺激大片 | 在线网站黄色 | 亚洲国产日韩成人综合天堂 | 色综合精品 | 九九综合九九 | 在线欧洲成人免费视频 | 亚洲国产日韩在线 | 国产成人久久精品二区三区 |